Form 4: Marriott International EVP Benjamin T. Breland Reports Stock Transactions

EVP & Chief HR Officer of Marriott International, Benjamin T. Breland, reports disposition of shares to cover taxes associated with vesting of RSUs and PSUs.

Summary

• On February 18, 2025, Benjamin T. Breland, EVP & Chief HR Officer of Marriott International, reported transactions involving Class A Common Stock.
• 4,196 shares of Class A Common Restricted Stock Units were disposed of at a price of $285.09 to cover taxes.
• 3,104 shares of Class A Common Stock were disposed of at a price of $285.09 to cover taxes.
• Following the reported transactions, Breland directly owns 7,688 shares of Class A Common Restricted Stock Units and 21,723.8851 shares of Class A Common Stock.
• Breland also indirectly owns 1,220.097 shares of Class A Common Stock through a 401(k) account.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions related to tax obligations, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It doesn't necessarily reflect a broader trend in the hospitality industry.

Comparison to Industry Standards

• Executive stock transactions are a normal part of compensation for publicly traded companies.
• Similar transactions are regularly reported by executives at companies like Hilton (HLT) and Hyatt (H) as part of their compensation and tax obligations.
• The amounts and values involved are typical for executive compensation packages at large corporations.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, MAR, Marriott International, Benjamin T. Breland, Stock Transaction, EVP, Chief HR Officer, Restricted Stock Units, Class A Common Stock, PSUs, 401(k)